TELEKOM MALAYSIA PLANS $200M INVESTMENT IN MRCB

Telekom Malaysia Bhd said it plans to invest $200.2m in MRCB Telecommunications Sdn Bhd in the next three years to expand the company’s network. It will then relaunch its cellular phone system. Telekom last month said it plans to pay $2,562m for MRCB Telecom, a unit of Malaysian Resources Corp Bhd, which operates the Emartel […]

Telekom Malaysia Bhd said it plans to invest $200.2m in MRCB Telecommunications Sdn Bhd in the next three years to expand the company’s network. It will then relaunch its cellular phone system. Telekom last month said it plans to pay $2,562m for MRCB Telecom, a unit of Malaysian Resources Corp Bhd, which operates the Emartel cellular system. The company has not yet decided if MRCB Telecom will be merged with the Telekom parent or with Telekom’s cellular telephone unit.